CAT: ArithmeticSimple & Compound Interest. Free, no login required.

A loan of Rs 1000 is fully repaid by two installments of Rs 530 and Rs 594, paid at the end of first and second year, respectively. If the interest is compounded annually, then the rate of interest, in percentage, is

At a certain simple rate of interest, a given sum amounts to Rs 13920 in 3 years, and to Rs 18960 in 6 years and 6 months. If the same given sum had been invested for 2 years at the same rate as before but with interest compounded every 6 months, then the total interest earned, in rupees, would have been nearest to

Aman invests Rs $4000$ in a bank at a certain rate of interest, compounded annually. If the ratio of the value of the investment after $3$ years to the value of the investment after $5$ years is $25: 36$, then the minimum number of years required for the value of the investment to exceed Rs $20000$ is

Anil invests Rs 22000 for 6 years in a scheme with 4% interest per annum, compounded half-yearly. Separately, Sunil invests a certain amount in the same scheme for 5 years, and then reinvests the entire amount he receives at the end of 5 years, for one year at 10% simple interest. If the amounts received by both at the end of 6 years are equal, then the initial investment, in rupees, made by Sunil is

An amount of Rs 10000 is deposited in bank A for a certain number of years at a simple interest of 5% per annum. On maturity, the total amount received is deposited in bank B for another 5 years at a simple interest of 6% per annum. If the interests received from bank A and bank B are in the ratio 10 : 13, then the investment period, in years, in bank A is

Anil borrows Rs 2 lakhs at an interest rate of 8% per annum, compounded half-yearly. He repays Rs 10320 at the end of the first year and closes the loan by paying the outstanding amount at the end of the third year. Then, the total interest, in rupees, paid over the three years is nearest to

Anil invests Rs. $22000$ for $6$ years in a certain scheme with $4 \%$ interest per annum, compounded half-yearly. Sunil invests in the same scheme for $5$ years, and then reinvests the entire amount received at the end of $5$ years for one year at $10 \%$ simple interest. If the amounts received by both at the end of $6$ years are same, then the initial investment made by Sunil, in rupees, is

Nitu has an initial capital of Rs. $20,000$. Out of this, she invests Rs. $8,000$ at $5.5\%$ in bank $A$, Rs. $5,000$ at $5.6\%$ in bank $B$ and the remaining amount at $x \%$ in bank $C$ , each rate being simple interest per annum. Her combined annual interest income from these investments is equal to $5 \%$ of the initial capital. If she had invested her entire initial capital in back $C$ alone, then her annual interest income, in rupees, would have been

Mr. Pinto invests one-fifth of his capital at $6$, one-third at $10$ and the remaining at $1$, each rate being simple interest per annum. Then, the minimum number of years required for the cumulative interest income from these investments to equal or exceed his initial capital is

Alex invested his savings in two parts. The simple interest earned on the first part at $15 \%$ per annum for $4$ years is the same as the simple interest earned on the second part at $12 \%$ per annum for $3$ years. Then, the percentage of his savings invested in the first part is

Bank $A$ offers $6 \%$ interest rate per annum compounded half yearly. Bank $B$ and Bank $C$ offer simple interest but the annual interest rate offered by Bank $C$ is twice that of Bank $B$. Raju invests a certain amount in Bank B for a certain period and Rupa invests $₹ 10,000$ in Bank $C$ for twice that period. The interest that would accrue to Raju during that period is equal to the interest that would have accrued had he invested the same amount in Bank $A$ for one year. The interest accrued, in INR, to Rupa is

Anil invests some money at a fixed rate of interest, compounded annually. If the interests accrued during the second and third year are $₹ 806.25$ and $₹ 866.72,$ respectively, the interest accrued, in INR, during the fourth year is nearest to

A person invested a certain amount of money at $10\%$ annual interest, compounded half-yearly. After one and a half years, the interest and principal together became Rs $18522$. The amount, in rupees, that the person had invested is

For the same principal amount, the compound interest for two years at $5\%$ per annum exceeds the simple interest for three years at $3\%$ per annum by Rs. $1125$. Then the principal amount in rupees is

Veeru invested Rs 10000 at 5% simple annual interest, and exactly after two years, Joy invested Rs 8000 at 10% simple annual interest. How many years after Veeru's investment, will their balances, i.e., principal plus accumulated interest, be equal?

Amal invests Rs $12000$ at 8% interest, compounded annually, and Rs $10000$ at 6% interest, compounded semi-annually, both investments being for one year. Bimal invests his money at $7.5 \%$ simple interest for one year. If Amal and Bimal get the same amount of interest, then the amount, in Rupees, invested by Bimal is

A person invested a total amount of Rs $15$ lakh. A part of it was invested in a fixed deposit earning $6\%$ annual interest, and the remaining amount was invested in two other deposits in the ratio $2: 1$, earning annual interest at the rates of $4\%$ and $3\%$, respectively. If the total annual interest income is Rs $76000$ then the amount (in Rs lakh) invested in the fixed deposit was

Amala, Bina, and Gouri invest money in the ratio $3: 4: 5$ in fixed deposits having respective annual interest rates in the ratio $6: 5:4$. What is their total interest income (in Rs) after a year, if Bina's interest income exceeds Amala's by Rs $250$?

Gopal borrows Rs. $X$ from Ankit at $8 \%$ annual interest. He then adds Rs. $Y$ of his own money and lends Rs. $X+Y$ to Ishan at $10 \%$ annual interest. At the end of the year, after returning Ankit's dues, the net interest retained by Gopal is the same as that accrued to Ankit. On the other hand, had Gopal lent Rs. $X+2Y$ to Ishan at $10 \%$, then the net interest retained by him would have increased by Rs. $150$. If all interests are compounded annually, then find the value of $X+Y$.

John borrowed Rs.$2,10,000$ from a bank at an interest rate of $10 \%$ per annum, compounded annually. The loan was repaid in two equal installments, the first after one year and the second after another year. The first installment was interest of one year plus part of the principal amount, while the second was the rest of the principal amount plus due interest thereon. Then each installment, in Rs., is